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Freezing temperatures in several U.S. regions triggered peak power demand in parts of the country on Wednesday, after homes and businesses consumed a record amount of natural gas for heating and power generation.
The Federal Energy Regulatory Commission (FERC) on Tuesday approved a $1.2 billion settlement between PJM Interconnection and more than 80 parties that resolved complaints stemming from a massive outage during a 2022 winter storm.
A Biden administration auction of Gulf of Mexico drilling rights raised $382 million on Wednesday as oil companies claimed offshore acreage for what is set to be the last time until 2025.